Global Flip Flops Market Size study, by End User (Female, Male), by Distribution Channel (Online, Offline) and Regional Forecasts 2022-2028

Global Flip Flops Market Size study, by End User (Female, Male), by Distribution Channel (Online, Offline) and Regional Forecasts 2022-2028

Global Flip Flops Market is valued approximately USD 19.37 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.20% over the forecast period 2022-2028. Flip Flop footwear is highly lightweight and portable, which is increasing its popularity throughout the world. Low cost and improved flip flop durability are two significant elements driving industry expansion. Furthermore, because flip flops are lightweight, they are easy to transport and are favored by tourists. This is predicted to increase the use of flip flops when travelling and to grow the flip flop market throughout the forecast period. Furthermore, the availability of internet channels and e-commerce is a crucial driver propelling the worldwide flip flop market. Further, because of the customer demand for comfortable, stylish, and fashionable footwear, the market is developing internationally. Some of the important reasons driving to the worldwide market's growth are the easy availability of product types and style addiction. Furthermore, rising consumer disposable income and ongoing product innovation are expected to drive market expansion. On the other side, rising worries about environmental contamination and the use of non-disposable and toxic materials in product manufacture may stymie market expansion. This has prompted businesses to increase their R&D investments in order to produce sustainable items manufactured from eco-friendly materials such as papyrus, wood, and palm leaves. For example, in 2018, Allbirds, a startup firm, released innovative sugar cane flip flops. This, in turn, is expected to increase demand. Furthermore, businesses are concentrating on boosting sustainability by contributing a portion of their sales to environmental initiatives.

The key regions considered for the Global Flip Flops Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific emerged as the market leader. The increase might be due to increased customer awareness of the newest fashion trends. Over the anticipated period, North America is expected to be the fastest-growing regional market. The availability of a diverse variety of products, as well as continuous product innovation, drive the industry in this area.

Major market player included in this report are:
Havaianas
Skechers USA Inc.
Crocs
Deckers Brands
Fat Face
Adidas AG
C. & J. Clark International Ltd.
Kappa
Nike, Inc.
Tory Burch LLC.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End User:
Female
Male
By Distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Flip Flops Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Havaianas
Skechers USA Inc.
Crocs
Deckers Brands
Fat Face
Adidas AG
C. & J. Clark International Ltd.
Kappa
Nike, Inc.
Tory Burch LLC.

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